DaNNy001 (OP)
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November 16, 2022, 08:29:05 PM |
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One thing everyone must understand is that gambling is somehow spiritual and I feel when someone starts playing. the whole concept of stopping when you have gotten little, disappears and you just want to keep on playing especially when the money you came is not complete again
Now you would be saying that let me just try and win back my money that's if you came with plenty and one thing is common with gamblers A losing gambler never stops playing or trying
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coolcoinz
Legendary
Offline
Activity: 2730
Merit: 1174
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November 16, 2022, 08:48:59 PM |
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Overall your total loss is still $70 from your pocket, cashout function can go wrong if it is your lucky day. Sometimes I even question myself about possible outcome on coupon in case of last leg is risky choice. Let it stay like that and don't cashout is my general decision in such situations, I prefer to take all winnings than partly agreeing to lose rest of the profit. Just my 2 cents.
You never know if it's your lucky day until after you make the decision, so I wouldn't call the bet going wrong in this case. A win is a win, no matter if you win 100 or 1000 and taking 100 home is better than losing it, hoping that it could be more. It's always a matter of perspective whether this is already big money for you. Like if you bet $5 and win $5, but if you get the last game it gets to $20, you can as well keep playing. If it's a big win like $1k but could be $3k if you get lucky, I'd withdraw 1k and call myself lucky.
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Davidvictorson
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November 16, 2022, 09:07:13 PM |
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I cash out 70% -80% out of terrible past experience. In my estimation there is no word like bravery in the casino world. It either you risk it or you don't. And most times, since we know that the odds are not in our favour and that it is purely a game of luck we decide for a brief moment to throw logic and caution to the air. In 7 out of 10 times of the cases I have seen, it always doesn't turn out well.
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$crypto$
Legendary
Offline
Activity: 2478
Merit: 1059
Smart is not enough, there must be skills
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November 16, 2022, 09:23:18 PM |
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Yep, that's true, humans have a greedy nature, where when they get something big, they will continue to want something even bigger. But until when will it last? i think it will never end. TBH, I also sometimes don't remember the advice I gave OP and keep playing until the money runs out. But whatever it is, keep self-control and always remember whatever all the suggestions are.
If you play until you run out of money, this is a bad habit, it's an obvious sign that tells you that you are doing something wrong. In this case, it is worth clarifying what amount we are talking about. If you give yourself $10 for entertainment and don't care if you win or lose, that's one thing. But if we are talking about several hundred dollars, then this is already a problem worth thinking about. As long as you don't spend hundreds of dollars until it runs out but if it's only a few dollars and say $ 20 for me for entertainment in gambling even though it runs out I won't continue it again and stop until $ 20 is back to top up again on weekends and usually that's what do. Greedy playing and also greedy in big wins must be paid attention to because if it is ignored until whenever it will have no end while we will continue to run out in gambling. The most important thing is to control yourself will be better.
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Sanitough
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November 16, 2022, 09:25:36 PM |
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Menh it is no easy to be a gambler. Well that the life "NO RISK NO GAIN"
recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.
After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money
But the last game didn't turn out the way I wanted it and I lost that $389
I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..
So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
Well, it’s not all the time that you may get lucky and came out with your last bet correct, most of the time our last bet might be somewhat regretting because it will only make us lose everything we have. So always secure your profits first and foremost, and you can only do that if you stop betting and cashout your funds so you can go home at peace and enjoy your profits.
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Fortify
Legendary
Offline
Activity: 2772
Merit: 1198
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November 16, 2022, 10:10:10 PM |
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Menh it is no easy to be a gambler. Well that the life "NO RISK NO GAIN"
recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.
After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money
But the last game didn't turn out the way I wanted it and I lost that $389
I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..
So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
From my own experience it is probably better to let a bet play out if you have placed it, but I've never really dabbled with such high odds and it obviously implies that there is a very high risk involved. It depends what you feel comfortable with really, I would be more than happy to cash out a $325 profit if you felt nervous or perhaps the underlying odds have shifted against you. Imagine if the several of the best players on a team had picked up an injury in the last game that had already been locked in via the multi-bet weeks ago and you had the opportunity to walk away with a tidy profit - that would seem like a very sensible bet but it's entirely dependent on a personal analysis.
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Kasabus
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November 16, 2022, 10:20:15 PM |
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Menh it is no easy to be a gambler. Well that the life "NO RISK NO GAIN"
recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.
After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money
But the last game didn't turn out the way I wanted it and I lost that $389
I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..
So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
If you trust your bet and you know there are bigger chances for it to win, then trust your own instinct. But never expect from it too much as gambling is still a game of chance and luck. However, if you want to lessen the risk of losing, then do cashout when you are already in good profits. After all, even small amount is still considered a profit.
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dunfida
Legendary
Offline
Activity: 3192
Merit: 1148
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November 16, 2022, 10:38:53 PM |
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~
If you trust your bet and you know there are bigger chances for it to win, then trust your own instinct. But never expect from it too much as gambling is still a game of chance and luck. However, if you want to lessen the risk of losing, then do cashout when you are already in good profits. After all, even small amount is still considered a profit. When you do make yourself get involved with gambling then you should really make yourself prepared to gamble literally.Its a matter of choice honestly and since its your money that had been used or bet up then it is really on your total control whether you would really be cashing out or would really be waiting until the end of the game to know the overall outcome.There are only two various situations that could happen whether it would be a win or loss.This is why making yourself that prepared into those condition and if you could bare up that influx of emotion then its up to you whether you do ensure profits on mid way or would go push through all the way.
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BitcoinPanther
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November 16, 2022, 11:02:44 PM |
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So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
If you keep the money in the casino could be a big temptation to place more bets, if you can hold the money without betting then wait for the full amount to withdrawal, and if keep the money there makes you place more bets then withdraw it by batches. I believe it is not all about leaving money on a casino but rather a parlay bet (probably) where in he has an option to cash out or continue with the next bet. So @OP is asking whether to continue his last bet or cash out and cancel the last one. I have seen a lot of times users losing all their money because they decided to keep the money on the casino because they wasn't able to withdrawal. So, isn't a wise move to keep the money in the casino.
I agree, never make a casino your bank. Better to withdraw all the funds after you gambling session then just redeposit if you wanted to play. It is always better to be safe than sorry.
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MAAManda
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November 16, 2022, 11:03:01 PM |
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If you play until you run out of money, this is a bad habit, it's an obvious sign that tells you that you are doing something wrong. In this case, it is worth clarifying what amount we are talking about. If you give yourself $10 for entertainment and don't care if you win or lose, that's one thing. But if we are talking about several hundred dollars, then this is already a problem worth thinking about.
I think the first experience of all gamblers is gambling just for fun, now the problem is not all gamblers stick to the principle of gambling for fun. As an example, myself and OP have the desire to win more. The question is, are you also a gambler? if indeed you are a gambling addict, I think you understand what the OP is talking about here.
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Obari
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November 16, 2022, 11:23:41 PM |
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Menh it is no easy to be a gambler. Well that the life "NO RISK NO GAIN"
recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.
After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money
But the last game didn't turn out the way I wanted it and I lost that $389
I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..
So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
Since this wasn't your first, you would have collected that very option given to you by the casino. We really don't know how to manage greed in gambling and first when the option of giving a bettor a chance to opt out of a game when one is left was introduced, I thought the gambling industry would lose more but seeing this ga like this has really proven me wrong beyond every doubts One thing I've learnt so far in the gambling industry is doing away with every win, no matter how little it is. I always told myself that every win is a win, no matter how little it might seem because I've always believed that half a bread is better than none.
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Mahanton
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November 16, 2022, 11:31:09 PM |
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If you play until you run out of money, this is a bad habit, it's an obvious sign that tells you that you are doing something wrong. In this case, it is worth clarifying what amount we are talking about. If you give yourself $10 for entertainment and don't care if you win or lose, that's one thing. But if we are talking about several hundred dollars, then this is already a problem worth thinking about.
I think the first experience of all gamblers is gambling just for fun, now the problem is not all gamblers stick to the principle of gambling for fun. As an example, myself and OP have the desire to win more. The question is, are you also a gambler? if indeed you are a gambling addict, I think you understand what the OP is talking about here. Gambling is indeed for fun but even to those who are fully aware into their minds on how they should really be dealing with it but still they do fail on doing so because of emotions and sudden changes up of mindset. When you do gamble then you are really that susceptible into this kind of situation where you would really be changing up those emotions and moods on the time you've been playing which even if you do have that kind of thinking when you arent still playing but those things would really be changing up when you are on midway and i could really say this basing up on experience. If you are longing for more profits then you would really be thinking about finishing up the game and still prefer on getting that full winning amount.
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harizen
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November 16, 2022, 11:57:45 PM |
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So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
If you keep the money in the casino could be a big temptation to place more bets, if you can hold the money without betting then wait for the full amount to withdrawal, and if keep the money there makes you place more bets then withdraw it by batches. I have seen a lot of times users losing all their money because they decided to keep the money on the casino because they wasn't able to withdrawal. So, isn't a wise move to keep the money in the casino. That's not what OP means. OP is not keeping the money literally. There's a "cash out" option in sports betting where users have the option to take the money before the game settles. It's an opportunity to get a win or minimize the loss once a game is about to end. It's the part where a good decision has to consider. But the majority here even me want to take the full risks and decide to wait for the final result.
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nullama
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November 17, 2022, 01:01:11 AM |
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~snip~ That's not what OP means. OP is not keeping the money literally.
There's a "cash out" option in sports betting where users have the option to take the money before the game settles. It's an opportunity to get a win or minimize the loss once a game is about to end.
It's the part where a good decision has to consider. But the majority here even me want to take the full risks and decide to wait for the final result.
No one ever knows the future, so there's never a 100% sure answer. But at the end of the day, if you just won big, it's usually a good time to stop and take all the winnings. If you keep playing, eventually your money will run out as the odds in the casino are against you.
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ThemePen
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November 17, 2022, 02:33:08 AM |
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No one ever knows the future, so there's never a 100% sure answer.
But at the end of the day, if you just won big, it's usually a good time to stop and take all the winnings. If you keep playing, eventually your money will run out as the odds in the casino are against you.
Yes no one know about the future. But the thing is that we can handle the our assets by good management. Like you are saying we should get out our funds if we win. Naturally human is greedy. He thinks he will get more if he will bet again and again but at the end he face problems of funds lost.
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harizen
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November 17, 2022, 03:03:27 AM |
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~snip~ That's not what OP means. OP is not keeping the money literally.
There's a "cash out" option in sports betting where users have the option to take the money before the game settles. It's an opportunity to get a win or minimize the loss once a game is about to end.
It's the part where a good decision has to consider. But the majority here even me want to take the full risks and decide to wait for the final result.
No one ever knows the future, so there's never a 100% sure answer. But at the end of the day, if you just won big, it's usually a good time to stop and take all the winnings. If you keep playing, eventually your money will run out as the odds in the casino are against you. We are talking about sports betting here and somehow, a strategy can be applied. Different from usual casino games where you will purely rely on their random algorithm and obviously, the house is really designed to give advantages to the casino. You can't just say for a regular bettor that they need to stop after a big win and take all their winnings. Anyways, the topic is not about stopping gambling. This is about what will be our possible approach when the "cash-out" option appears.
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btc78
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November 17, 2022, 03:31:52 AM |
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Menh it is no easy to be a gambler. Well that the life "NO RISK NO GAIN"
recently I placed a bet on different soccer games and I staked it with about $70 on accumulated odd of 10.36 which came out a total of $725.
After placing my bet I later check back on the games in my account to monitor the success of my predictions and I opened the betslip and I was given a cash out of about $389 and the matches remaining was just one game so I decided not to take the it...i decided to be a brave gambler and wait for the last game to be concluded and then collect the full money
But the last game didn't turn out the way I wanted it and I lost that $389
I have faced similar situation before and most times I often collect the cash that comes as a cash out then the result of the Last match turns out correct and instead of having the whole money I miss out and get a little chunk of it..
So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
Well, it’s not all the time that you may get lucky and came out with your last bet correct, most of the time our last bet might be somewhat regretting because it will only make us lose everything we have. So always secure your profits first and foremost, and you can only do that if you stop betting and cashout your funds so you can go home at peace and enjoy your profits. I can vouch for this , I have this experience that I gambled for 3 hours and triple my Money , but then suddenly Wifey called and I need to Go home immediately so i decided to put allt he money in single bet(I am playing local card game that time ) so telling my co players that this is my last game as I need to go home quicker and guess what? my bet fails and I go home with nothing , this is why we must not put our luck to the limit because all we can get is losses .
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xSkylarx
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November 17, 2022, 04:21:37 AM |
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~snip~ That's not what OP means. OP is not keeping the money literally.
There's a "cash out" option in sports betting where users have the option to take the money before the game settles. It's an opportunity to get a win or minimize the loss once a game is about to end.
It's the part where a good decision has to consider. But the majority here even me want to take the full risks and decide to wait for the final result.
No one ever knows the future, so there's never a 100% sure answer. But at the end of the day, if you just won big, it's usually a good time to stop and take all the winnings. If you keep playing, eventually your money will run out as the odds in the casino are against you. It is not that easy when you are really feeling the game and keep winning. I know that most gamblers, even when they win big they keep betting because they can't control themselves. Only those people who are really in need of money think of stopping. I sometimes can't control myself, so in the end I lose my winnings, but sometimes I also tend to run away when I've won enough.
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adzino
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November 17, 2022, 05:53:19 AM |
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This is called gambling. High risk, high reward. When you saw that you were up by $700, you weren't satisfied and thought you could make more profit. You decided not to cash out your profit. So you were taking more risk to get more profit. But things didn't go your way and you ended up losing everything. Now think, was it worth taking the risk? How much more profit you would have made if you took the risk? If it was for like few more bucks, then no, you shouldn't have waited till the end and should have taken your profit. If it was like a few thousand more bucks, then yeah, I would say it was worth the risk since you initially placed only a $70 bet.
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l3pox
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There's no need to be upset
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November 17, 2022, 07:59:01 PM |
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So what would you would advise as a gambler? is it better to collect the cash out or wait for the full cash
I think we have the same problem here. Some time ago I also placed a sports bet on Stake for several matches and the odds were more than 15. In the early matches my chosen team always won the bet, but in the last 2 matches, my prediction was wrong and then I lost it all. My advice as a gambler here is: Be aware that a win is still a win regardless of how big or small the win is. Always remember that it is better to make only $10 or $20 on a $100 bet than to expect $200, $300 or more on a $100 bet which is definitely a higher risk. Recently I applied what I said above, and the result? I get enough wins, even though the presentation is 10% - 15% of the initial capital. "Win is win, and lose is lose. It's better to win only 1% of the initial capital than to lose all the money." human nature is greedy and never satisfied that's what I feel when curiosity keeps wanting to look for something bigger but in the end all my money runs out, that's why in gambling it is necessary to control myself in gambling don't be too greedy take a little win that's enough as long as consistent will be beautiful in time ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) do you have a process to avoid greed (or maybe not avoid but deal with it?) what are some useful tools and strategies not to fall prey of your desires and be able to manage emotions after big wins and big losses? these are some interesting question that come to my mind from time to time.
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